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20130131
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. mr. goodlatte: i yield to t gentlewoman from florida, ms. ros-lehtinen. ms. ros-lehtinen: section 3, if, at the time fixed for the beginning of the term of the president, the president-elect shall have died, the vic president-elect shall become president. if a president shall not have been chosen before the time fixed for the beginning of his term, or if the president-elect shall have failed to qualify, then the vice president-elect shall shall act as president until a president shall have qualified, and the congress may by law provide for the case wherein neither a president elect nor a vice president shall have qualified, declaring who shall then act as president, or the manner in which one who is to act shall be selected, and such person shall act accordingly until a president or vice president shall have qualified. mr. goodlatte: yield to the gentlewoman from indiana, mrs. brooks. mrs. brooks: section 4, the congress may by law provide for the case of the death of any of the persons from whom the house of representatives may choose a president whenever the right of choice shall
. mike burgess, chairwoman ileana ros-lehtinen, and then the young member from oklahoma, tom cole, who is coming back on the committee. and we're delighted. we hope we once again greet you with the respect that we do, this ways and means committee, the house administration committee. we'll see if we can change your opinion a little bit. >> no. and thank you very much. welcome to the new members, including one young veteran who has chaired another committee. let me be very brief because we've been through this before in the summer of 2011. the house majority here toyed with the debt ceiling. and the ramifications were i think not only serious but severe. in terms of job creation, august of 2011 was the worst in the last three years. the market plunged in those two months 2,000 points, and it had in that period the worst single day drop in history. on august 8, it was looking at my notes on very exact, 635 points. the treasury was forced to spend well over $1 billion in interest payments, and i think we all remember so vividly that there was a downgrading of our credit rating. so a postp
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